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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Transfer pricing adjustment – Unutilized share application money ...


Transfer Pricing: Unutilized Share Application Money Held Over 60 Days Unfairly Treated as Interest-Free Loan.

July 19, 2014

Case Laws     Income Tax     AT

Transfer pricing adjustment – Unutilized share application money beyond 60 days treated as loan – it was unreasonable and inappropriate to treat the transaction as partly in the nature of interest free loan to the AE - AT

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